Wednesday, January 22, 2014

Not adding up...

Not adding up...  ObamaCare's primary purpose was to reduce the number of Americans who had no healthcare insurance.  In that goal it has completely failed.  Just one of the indications of failure is this simple fact: far fewer uninsured people signed up for ObamaCare than were expected to.  Megan McArdle digs into the reasons why, concluding with this:
That leaves us with two possibilities: First, would-be applicants may simply be waiting until March. They’ve gone without insurance a long time; why not wait a few more months and save on premiums?

The second possibility is more troubling: There may be something seriously wrong with our understanding of who the uninsured are, and what they are willing and able to buy in the way of insurance. I don’t know exactly what the fault may be in our understanding. But if the numbers stay this low, I’d say we need to reassess the state of our knowledge about the uninsured -- and the vast program we created to cover them.
The comments, as ever on her site, are quite interesting, and occasionally entertaining...

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